Jatim Micro Loan
Working capital and/or investment credit/financing for productive and feasible individual MSMEs.
- Fees
- Provision Fee: 0.50% of the credit limit (plafond)
- Administrative Fee: IDR 25,000 to IDR 250,000, depending on the credit limit
- Collateral Appraisal Fee: IDR 50,000 to IDR 1,000,000, depending on the credit limit
- Early Repayment Penalty: The penalty for repayment before the maturity date is 5 times the installment amount
- Late Penalty: 1% per month calculated based on principal and interest arrears
- Benefits
- Strengthens business capital capabilities to implement policies for accelerating real sector development and MSME empowerment
- Increases and expands access to financing for productive businesses
- Enhances the competitive capacity of Micro, Small, and Medium Enterprises
- Encourages economic growth and labor absorption